Norwegian Air Shuttle ASA (NAS) – Status on share buy-back

Reference is made to the stock exchange announcement published by Norwegian Air Shuttle ASA on 17 November 2025 where it was announced that Norwegian had engaged DNB Carnegie, a part of DNB Bank ASA, to conduct buy-back of up to 3,000,000 own shares in conjunction with the company’s share savings plan and the long-term incentive programme (LTI) option plan for executive management.

Aggregated overview of transactions:

Date / Aggregated daily volume / VWAP (NOK) / Transaction value (NOK) 17/11/2025 / 300,000 / 15.3581 / 4,607,430 18/11/2025 / 300,000 / 15.0522 / 4,515,660 19/11/2025 / 300,000 / 15.2034 / 4,561,020 20/11/2025 / 300,000 / 15.4760 / 4,642,800 21/11/2025 / 300,000 / 15.5598 / 4,667,940 Total / 1,500,000 / 15.3299 / 22,994,850

The buy-back programme will conclude on the 28 November 2025. For further information regarding the programme, please refer to the stock exchange announcement on 17 November 2025.

For further information, please contact, Jesper M. Hatletveit, Investor Relations: Tel: +47 906 64 401 Email: jesper.hatletveit@norwegian.com

Fornebu, 21 November 2025 Norwegian Air Shuttle ASA